Sydney Stocks Rise and Shanghai Edges Marginally Higher

Many Markets Shut for Holidays

HONG KONG—Australian stocks rose slightly and Shanghai ended almost flat on Tuesday as much of Asia was closed for holidays.

Australia's S&P/ASX 200 added 0.4% to 5481.40 after the central bank kept interest rates at a record low of 2.5% for the eighth meeting in a row. The Australian currency hit US$0.9317, against US$0.9274 late Monday in New York, and was US$0.9308 late in Asia.